Chartwell Retirement Correlations
| CSH-UN Stock | CAD 16.15 0.11 0.68% |
The current 90-days correlation between Chartwell Retirement and Sienna Senior Living is 0.55 (i.e., Very weak diversification). The correlation of Chartwell Retirement is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Chartwell Retirement Correlation With Market
Average diversification
The correlation between Chartwell Retirement Residence and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Chartwell Retirement Residence and DJI in the same portfolio, assuming nothing else is changed.
Chartwell |
The ability to find closely correlated positions to Chartwell Retirement could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chartwell Retirement when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chartwell Retirement - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chartwell Retirement Residences to buy it.
Moving against Chartwell Stock
| 0.68 | EOG | Eco Atlantic Oil | PairCorr |
| 0.6 | AEMC | Alaska Energy Metals | PairCorr |
| 0.5 | CMC | Cielo Waste Solutions | PairCorr |
Related Correlations Analysis
| -0.27 | 0.13 | 0.51 | -0.33 | SIA | ||
| -0.27 | 0.82 | 0.22 | 0.98 | CAR-UN | ||
| 0.13 | 0.82 | 0.6 | 0.76 | HR-UN | ||
| 0.51 | 0.22 | 0.6 | 0.09 | AP-UN | ||
| -0.33 | 0.98 | 0.76 | 0.09 | BEI-UN | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Chartwell Stock performing well and Chartwell Retirement Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Chartwell Retirement's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SIA | 0.80 | 0.17 | 0.04 | 2.30 | 0.89 | 1.75 | 5.89 | |||
| CAR-UN | 1.00 | (0.22) | 0.00 | (0.72) | 0.00 | 1.76 | 6.21 | |||
| HR-UN | 0.84 | (0.12) | 0.00 | (0.14) | 0.00 | 1.94 | 4.58 | |||
| AP-UN | 1.14 | (0.01) | (0.03) | 0.11 | 1.48 | 2.63 | 9.05 | |||
| BEI-UN | 0.95 | (0.30) | 0.00 | (0.84) | 0.00 | 1.66 | 5.05 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Chartwell Retirement without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Chartwell Retirement Corporate Management
Elected by the shareholders, the Chartwell Retirement's board of directors comprises two types of representatives: Chartwell Retirement inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Chartwell. The board's role is to monitor Chartwell Retirement's management team and ensure that shareholders' interests are well served. Chartwell Retirement's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Chartwell Retirement's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brenda Prieur | Vice Resources | Profile | |
| Jeffrey Brown | Chief Officer | Profile | |
| Vlad CA | CEO Trustee | Profile | |
| Jonathan Boulakia | Chief Officer | Profile | |
| Sheri CA | Chief Officer | Profile | |
| Frank Syer | People VP | Profile |